KARACHI: The Pakistani rupee snapped its seven-day winning streak to settle 0.02% lower at Rs174.50 against the US dollar in the interbank market on Tuesday.
With the fresh decrease of 0.02%, the Pakistani rupee has depreciated by 10.76% (or Rs16.96) since the start of the current fiscal year on July 1, 2021, data released by the central bank revealed.
The rupee had maintained the downward trend for the past nine months. It has lost 14.59% (or Rs22.23) to date, compared to the record high of Rs152.27 recorded in May 2021.
